{"data":{"id":"us-tx/tex.-insurance-code-2602.254","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2602.254","heading":"CERTAIN CONSERVATOR AND RECEIVER EXPENSES COVERED.","body":"Reasonable and necessary administrative expenses incurred by a conservator appointed by the commissioner or a receiver appointed by a court for an unauthorized insurer operating in this state are covered claims if the commissioner has notified the association or the association has otherwise become aware that:\n(1) the unauthorized insurer has insufficient liquid assets to pay those expenses; and\n(2) insufficient money is available from:\n(A) abandoned money under Section 443.304; and\n(B) department appropriations for use in paying those expenses.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.\nAmended by:\nActs 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2I.007, eff. April 1, 2009.","path":["INSURANCE CODE","TITLE 11. TITLE INSURANCE","SUBTITLE C. FINANCIAL SOLVENCY","CHAPTER 2602. TEXAS TITLE INSURANCE GUARANTY ASSOCIATION","SUBCHAPTER F. COVERED CLAIMS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2602.htm#2602.254","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"f7b1bf7f70ad534a188bec4e05b93e9c791806bbac532b099d29dbf3cd37643a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2602.253","next":"us-tx/tex.-insurance-code-2602.255"},"notice":"GroundRules: Original legal text. Not legal advice."}